Bettors in Nigeria enjoy using Paystack method not only because it is accepted in several betting sites, but also because Paystack upholds safe, fast, and free transactions.
In this guide, we will discuss top Nigerian betting sites that accept Paystack, how to fund your betting account using Paystack as well as the pros and cons of using this payment option. If your bookie does not accept deposits using Paystack, we have also listed a few alternative payment options.
What's in this article
- Top Paystack Betting Sites in Nigeria
- About Paystack and How to Create a Paystack Account
- Step-by-step Guide on How to Fund Your Betting Account with Paystack
- How to Fund Your Nairabet Account Using Paystack
- How to Fund Your Betway Account Using Paystack
- How to Fund Your BetKing Account Using Paystack
- Pros and Cons of Funding a Bet Account Via Paystack Wallet
- Pros
- Cons
- Popular Alternatives to Paystack
- Interswitch
- Quickteller
- Firstmonie
- Neteller
- Opay
- PayPal
- paysafecard
- Polaris
- Skrill
- Paga
- Perfect Money
- USSD Codes
- Frequently Asked Questions About Payments with Paystack
- Conclusion
Top Paystack Betting Sites in Nigeria
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About Paystack and How to Create a Paystack Account
To use Paystack, you need first to create an account by following these easy steps.
Step 1: To create a Paystack account, go to the Paystack homepage and click on “Create free account.”
Step 2: Fill in the required information, which includes your business name, email, country, and password.
Step 3: Your account will be set up immediately, allowing you to explore the available options. You will also be required to verify your account for optimum use.
Step 4: Click on “Setup Paystack” and create your payment page.
Step 5: Link your preferred payment options and start transacting. For example, you could link your bank account or Visa card.
Step-by-step Guide on How to Fund Your Betting Account with Paystack
You can use Paystack to fund your Nairabet, Betway, and BetKing account, as shown below.
How to Fund Your Nairabet Account Using Paystack
Step 1: Log in to your Nairabet account and click on “Deposit.”
Step 2: Among the listed options, select “Pay with ATM card” and choose “Paystack.”
Step 3: A pop-up page will appear, prompting you to enter your desired amount and click “Confirm.”
Step 4: You will be redirected to the Paystack page where you can choose to transfer your funds from either Card, Bank, GTB 737, or VISA QR.
Step 5: Click “Okay,” and the funds will show up in your account almost immediately.
How to Fund Your Betway Account Using Paystack
Step 1: Log in to your Betway account and click “Banking.”
Step 2: Among the listed payment options are Paystack Credit Card, Paystack Debit Card, and Paystack EFT.
Step 3: Click on your preferred option, and a pop-up prompt will appear requiring you to enter the amount of funds you wish to deposit. Afterwards, click “Confirm.”
Step 4: You will be transferred to the Paystack page where you then need to enter your Paystack password and confirm the payment.
Step 5: You will receive a payment confirmation email, and your funds will reflect in your account instantly.
How to Fund Your BetKing Account Using Paystack
Step 1: Log in to your BetKing account and click “Deposits.”
Step 2: Select Paystack and a pop-up will prompt you to enter the amount you wish to deposit.
Step 3: Select the deposit “Medium”, which could either be card or bank, and then click the Accept button.
Step 4: You will be transferred to another page where you will be required to enter your Bank /Card details.
Step 5: Confirm the details provided and click “Okay.”
Step 6: You will receive a confirmation email, and the funds will reflect in your account immediately.
Pros and Cons of Funding a Bet Account Via Paystack Wallet
Pros
- Supports other payment options, including mCash, GTB737, Bank account, mobile money, VISA QR, and POS
- Ensures safe and swift payments
- Funds deposited will reflect in your betting account almost immediately
- Account can be linked to multiple betting accounts
Cons
- Not all betting sites accept this payment option
Popular Alternatives to Paystack
Interswitch
Interswitch is among the leading technology-driven companies in Nigeria, and it has become a popular payment option among players mostly because of its reliability and cost-effectiveness. With Interswitch, you can access other payment methods, including Quickteller, Visa, WebPay, Mastercard, Webpaydirect, and Verve. Interswitch betting sites do not charge you any fees when you fund your betting account using this payment method. Top recommended betting sites that accept Interswitch include Betway, 1XBet, Bet9ja, BetKing, and NaijaBet.
Quickteller
Quickteller is another popular payment option among Nigerian bettors, and this financial service platform also offers other services, including pay bills, offering loans, buying airtime, and shopping online, among others. With Quickteller, funds deposited to your betting account will reflect immediately, and you don’t need to have a bank account or bank card to use this payment option. This is made possible by the eCash function, which allows you to undertake transactions with maximum safety. Top Quickteller betting sites include Betway and Bet9ja.
Firstmonie
The First Bank of Nigeria powers Firstmonie, a payment option which offers safe, reliable, and instant withdrawal services. You can fund your betting account using the Firstmonie app or visit a Firstmonie agent to deposit directly. The Firstmonie app is available for both Android and iOS devices, and is very easy to use. Some of the betting sites in Nigeria that accept Firstmonie include Bet9ja, Naija Bet, and Betfarm.
Neteller
Neteller is a worldwide recognised e-wallet payment option that supports transactions from more than 40 payment methods. Creating a Neteller account is swift and easy to do from your mobile phone. For verification, you will be required to make a ₦500 deposit into your new Neteller account using Visa. This is also a secure payment option, and they have a highly responsive customer support team. You can link your Neteller account to multiple betting accounts without the worry of compromising your fund’s security. Top Neteller bookies in Nigeria include 1XBet, bet365, and NetBet.
Opay
Opay is a mobile-based payment option that is powered by Opera, and it is more focused on providing quick and secure payment alternatives to traditional funding methods such as bank transfers. The reason why most players prefer using Opay is because using this option to fund your betting account does not cost you any fees, and the funds will reflect in your account almost immediately. You can fund your betting account using the Opay app or Opay Agent, but regardless of your option, you are sure to have a seamless and secure transaction. Some of the betting sites that accept Opay include Bet9ja, 1XBet, Betway, and Nairabet.
PayPal
PayPal is among the recognized internet payment options that are secure and reliable. Although this payment option is used worldwide, it comes with several restrictions for Nigerian users. Ideally, Nigerian users can send funds using PayPal, but you cannot receive funds. With such restrictions, only a few betting sites in Nigeria accept this payment option.
paysafecard
As the name suggests, paysafecard is a payment option that allows you to transact safely. It is a great option to use when funding your betting account since you can only use the amount deposited, which helps to control the amount you wager. You can also use it on several betting accounts since you don’t provide any banking details when using paysafecard. To fund your account, you need to visit a sales outlet where you get to exchange cash for a 16-digit PIN which will be valued at the amount you wish to wager. Top paysafecard betting sites in Nigeria include Betfair and bet365.
Polaris
Polaris is one of the most recognised banks in Nigeria and is known to support electronic transactions. To use Polaris, you need to create an account, but you don’t have to visit the physical bank as this can be done online. With Polaris, you are guaranteed fast, secure, and customer-friendly banking services. Although only a few betting sites in Nigeria accept this payment option, you can use Polaris at Bet9ja and MELbet.
Skrill
Skrill is one of the most acceptable e-wallet service providers and is known to offer safe, swift, and reliable transaction services. Both deposits and withdrawals through Skrill are affordable and instant. Since it is not linked to your bank, you can use one Skrill account in multiple betting accounts without worrying about the security of your details. Some betting sites not only allow you to deposit using Skrill, but they also support withdrawals using the same option. Top Skrill betting sites that are worth checking out include 1XBet, Ladbrokes, and bet365.
Paga
Paga is a mobile payment company that allows you to send and receive funds safely and swiftly digitally. You can create MyPaga wallet from the Paga website, and you need to verify your account before transacting. You can also download the Paga app from either Google Store or App Play store. With a verified Paga account, you can transact up to ₦5,000,000 per day. Paga is acceptable in multiple Nigeria betting sites including 1XBet, Bet9ja, Betway, Nairabet and Surebet247.
Perfect Money
Perfect Money is an online e-wallet that allows you to make instant online payments for both deposits and withdrawals. It is a secure and reliable payment option, and the customer support is highly responsive. Transaction fees when using Perfect Money are considerably low, and some betting sites will not charge you any fee when you fund your betting account using Perfect Money. In addition to funding your betting account, you can also use your Perfect Money wallet to store your funds as well as buy other currencies, including Bitcoin, EUR, USD, and Gold. Top Perfect Money betting sites include 1XBet, BETWINNER, and MELbet.
USSD Codes
Unstructured Supplementary Service Data (USSD) is a Global System that allows users to fund their betting account using a code string. Most betting sites in Nigeria have a unique USSD code that you can use to fund your betting account without the need for an internet connection.
Frequently Asked Questions About Payments with Paystack
Is Paystack safe?
Yes. Every transaction made with Paystack is encrypted, and a third party cannot access your information.
Which betting sites accept deposits using Paystack?
Top betting sites that accept Paystack payment include Nairabet, Betway, and BetKing.
Can I still receive the welcome bonus when I make the first deposit using Paystack?
It is important to check with your bookie’s customer support before making your first deposit using Paystack. However, in most cases, since there is no way that the betting site can verify your banking details using Paystack, there is a strong possibility that you might not qualify for the welcome offer.
Are there any deposit/withdrawal limits using Paystack?
The limit of the maximum and minimum amounts you can fund your betting account using Paystack varies from one bookie to the other. However, in most cases, the minimum is set at ₦100, and the maximum at ₦250,000.
Conclusion
Paystack is an incredible payment option that allows you to fund your betting account using a swift and safe means. Better yet, with Paystack, you can make payments using other linked payment options, including mobile money, Bank account, mCash, Visa QR, GTB 737, and POS. These payment methods are also great options to fund your betting account. Funds deposited using Paystack will reflect in your account almost immediately, which gets you to wagering as soon as possible. Top betting sites that accept Paystack include Nairabet, Betking, and Betway.
